Chinese Ambassador to Pakistan, Liu Jian allayed fears of the Indian government about Pakistan handing over management of Gwadar Port to China. Speaking at a function, the ambassador said the transfer of management is in the economic interest of the peoples of China and Pakistan
Tag: Port
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CMA CGM hikes freight rates
Effective March 3, shipping firm CMA CGM decided to raise freight rates on its trade from northern Europe to India and Pakistan. The firm would raise the tariff by $150 per 20-foot dry container and $200 per 40-foot dry container. Effective March 15, the ocean carrier will hike rates from all Asian ports to the east and west Mediterranean and Black Sea by $65
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Beypore port plans to raise storage capacity
Jacob Thomas, Director of Beypore port assured all the stakeholders of the port that the management would examine whether it is possible to raise the storage area by occupying the land and buildings of Steel Authority of India (Sail). Recently, stakeholders of the port demanded for increased covered storage space. Shortage of port's own
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Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
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Experts urge govt to take supportive steps for port sector
Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
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Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
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Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
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APSEZ seeks nod to re-notify Mundra SEZ
B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove
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APSEZ seeks nod to re-notify Mundra SEZ
B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove
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VPT to raise cargo handling capacity
Visakhapatnam Port is in the process of raising its cargo handling capacity to to 139.67 million tonne (mn t) by 2016-17 and 148.67 mn t by 2019-20 with an investment of nearly Rs 14,000 crore on mechanisation or modernisation. The port currently has a capacity of 66 mn t. It is expected to handle 60 mn t cargo in 2012-13 as against the t